Mussie Kidane (pictured) is head of Fund Selection at Geneva-headquartered Pictet Wealth Management since October 2007. Last November, he has received the InvestmentEurope‘s Personality of the Year Award 2016/17 for Switzerland. His team of six analysts – which has recently welcomed senior analyst Angela Perez-Palacin from Coutts and former Lombard Odier’s senior fund selector Olivier […]
Geneva-headquartered Pictet Wealth Management has strengthened its fund selection unit with the hire of Angela Perez-Palacin, InvestmentEurope has learned. The team led by Pictet’s head of Fund Selection Mussie Kidane now tallies six analysts. The appointment of Perez-Palacin follows that of Olivier Gugi who joined from Lombard Odier. Perez-Palacin was previously a director and senior […]
Swiss group Pictet Wealth Management has appointed Olivier Gugi as senior fund analyst, InvestmentEurope has learned. Within the fund selection team led by Mussie Kidane, Gugi will have a focus on the research and selection of European equity funds. Gugi has over 15 years’ experience in fund selection. He joins Pictet from Banque Lombard Odier & […]
Cesar Perez Ruiz has left JP Morgan Private Bank to join Pictet Wealth Management (PWM) as CIO. The appointment will be effective from March 1st 2016. As PWM’s CIO, Perez Ruiz will be part of the company’s investment committee together with Pierre-Alain Wavre, CEO and Christophe Donay, head of asset allocation and macroeconomic research. Perez Ruiz has […]
By Christophe Donay, Chief Strategist at Pictet Wealth Management The rebound in equity markets since the beginning of October, looks largely played out, with further gains dependant on a turnaround in earnings forecasts. Yields on DM sovereign bonds are catching up with the wider market rally, as fears about deflation have dissipated and a first Fed […]
By Christophe Donay, Chief Strategist, Pictet Wealth Management The deal agreed between eurozone leaders in Brussels this morning provides a basis for a third bailout package for Greece and for Greece to stay in the eurozone. An eventual new bailout agreement will have to be voted through by 10 national parliaments, including that of Greece. However, European […]
Bernard Lambert, chief economist at Pictet Wealth Management, expects the Fed funds rate to end this year at 0.5%-0.75% and next year at 1.5%-1.75% At the FOMC meeting yesterday (17 June 2015), Chair Janet Yellen repeated that a rate hike was likely later this year, but that the final decision was highly data-dependent. We continue […]
Yves Bonzon, CIO at Pictet Wealth Management, discusses reducing US equity allocation in favour of European stocks. “With an increase of up to 20% in certain indices, equity markets in the eurozone began 2015 with a bang, leading many investors to wonder if it might be sensible to reduce their US equity allocation in favour […]
Swiss private bank Pictet & Cie has appointed Juan Ignacio Romeu Sagredo López to its wealth management division in Madrid.
Pictet & Cie has strengthened its presence in Italy with the opening of a branch in Bologna.
Fund selection at Pictet & Cie is the domain of Mussie Kidane, whose team covers a broad range of asset classes but is most drawn, he tells Peter Kenny, by conviction managers